When Money in the Bank is Not Safe Anymore
FTX, Silicon Valley Bank, Credit Suisse, what's next?
The last few months saw the spectacular collapses of financial institutions across different sectors and geographies starting with FTX, the crypto-exchange that was a fraud. Sooner than we know, Silicon Valley Bank went into trouble and Credit Suisse needed to be bailed out by its arch-rival UBS. These crises are still unfolding as the repercussions are…
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